Talon Private Wealth LLC Invests $597,000 in Vanguard Mortgage-Backed Securities ETF $VMBS

Talon Private Wealth LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,717 shares of the exchange traded fund’s stock, valued at approximately $597,000.

Several other hedge funds also recently modified their holdings of the company. Focus Partners Wealth bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $113,419,000. Bank of America Corp DE grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock worth $2,813,787,000 after purchasing an additional 2,147,360 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after purchasing an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $71,911,000. Finally, Wells Fargo & Company MN increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% in the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after buying an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

Shares of NASDAQ VMBS opened at $46.19 on Thursday. The company has a 50 day simple moving average of $46.57 and a 200 day simple moving average of $46.91. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $46.00 and a 1 year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1645 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

Vanguard Mortgage-Backed Securities ETF Company Profile

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).